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29 Jul
13:28

Acciaierie d'Italia reduces output further

Italian steelmaker Acciaierie d'Italia, the joint venture between ArcelorMittal and state-owned Invitalia, is considering idling a second blast furnace at its Taranto plant starting this week, according to sources close to the company.  Contacted by Kallanish, the company refused to comment. This comes after the steelmaker, formerly known as Ilva, already mothballed BF no.2 until the end of August amid the downturn in prices and demand in the global coil …
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